Magnewin Energy Private Limited

Manufacturer of power capacitors for various industries and government institutions, with global presence.

2009 | Sangli, Maharashtra (India) | Active
Last Updated:

Magnewin Energy Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.24 Cr
  • Company Age 16 Year, 4 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 16.20 Cr
  • Satisfied Charges ₹ 9.47 M
  • Revenue Growth 78.42%
  • Profit Growth 243.92%
  • Ebitda 78.75%
  • Net Worth 20.50%
  • Total Assets 57.34%

About Magnewin Energy

Magnewin Energy Private Limited (MEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 May 2009 and has a history of 16 years. Its registered office is in Sangli, Maharashtra, India.

The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.24 Cr.

The company currently has active open charges totaling ₹16.20 Cr. The company has closed loans amounting to ₹9.47 M, as per Ministry of Corporate Affairs (MCA) records.

Mukund Chippalkatti and Vijaya Chippalkatti serve as directors at the Company.

Company Details

  • Location

    Sangli, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31900PN2009PTC133964

  • Company No.

    133964

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 May 2009

  • Date of AGM

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Energy and Power

What products or services does Magnewin Energy Private Limited offer?

Magnewin Energy Private Limited offers a wide range of products and services, including Resistors & Other Passive Devices, Capacitor, Power Capacitors, Power factor capacitor, Resistors.

Company report

Magnewin Energy Private Limited

Explore comprehensive data for Magnewin Energy Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Magnewin Energy?

Board Members (2)

NameDesignationAppointment DateStatus
Mukund Chippalkatti Country flag representing In Director 01-Jun-2024Current
Vijaya Chippalkatti Country flag representing In Director 20-Aug-2017Current

Financial Performance of Magnewin Energy.

Magnewin Energy Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 78.42% increase. The company also saw a substantial improvement in profitability, with a 243.92% increase in profit. The company's net worth Soared by an impressive increase of 20.5%.

Magnewin Energy revenue growth over time
Magnewin Energy profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
78.42%
Revenue from Operations
76.91%
Total Assets
57.34%
Profit or Loss
243.92%
Net Worth
20.50%
EBITDA
78.75%

What is the Ownership and Shareholding Structure of Magnewin Energy?

In 2023, Magnewin Energy had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹16.20 Cr

Satisfied Charges

₹0.95 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 15.71 Cr
  • Others : 0.48 Cr

Latest Charge Details

DateLenderAmountStatus
07 Feb 2024Others₹4.83 MOpen
15 Apr 2022State Bank Of India₹3.00 MOpen
08 Sep 2021State Bank Of India₹0.74 MOpen
12 Dec 2009State Bank Of India₹15.34 CrOpen
10 Jan 2020State Bank Of India₹5.00 MSatisfied

How Many Employees Work at Magnewin Energy?

Magnewin Energy has a workforce of 48 employees as of Mar 23, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Magnewin Energy Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magnewin Energy, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Magnewin Energy's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Magnewin Energy

Recent activity within the organization

  • Annual General Meeting

    Magnewin Energy Private Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

  • Charges

    A charge with State Bank Of India of Rs. 15.34 Cr registered on 12 Dec 2009 with Charge ID 10192986 was modified on 20 Jun 2024.

  • Director Appointment

    Mukund Vijaykumar Chippalkatti was appointed as a Director was appointed as a Director on 01 Jun 2024 & has been associated with this company since 11 months 17 days .

  • Balance Sheet

    Magnewin Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

  • Charges

    A charge with Others amounted to Rs. 0.48 Cr with Charge ID 100874630 was registered on 07 Feb 2024.

  • Charges

    A charge registered on 03 May 2018 via Charge ID 100180208 with Others was fully satisfied on 28 Sep 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Magnewin Energy Private Limited?

    Magnewin Energy Private Limited was incorporated on 14 May 2009.

  • What is authorized share capital and paid-up capital of Magnewin Energy Private Limited?

    The authorized share capital of Magnewin Energy Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.24 Cr.

  • Who are the current board members & directors of Magnewin Energy Private Limited?

    Currently 2 directors are associated with Magnewin Energy Private Limited.

    • Mukund Vijaykumar Chippalkatti
    • Vijaya Vijaykumar Chippalkatti

  • What is the registered address of Magnewin Energy Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Magnewin Energy Private Limited is Plot No. K-2 Midc Tal-Miraj, Dist-Sangli India, Kupwad, Maharashtra, 416436.

  • What is the corporate identification number (CIN) and company number of Magnewin Energy Private Limited?

    The corporate identification number (CIN) of Magnewin Energy Private Limited is U31900PN2009PTC133964 and the company number is 133964 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Magnewin Energy Private Limited?

    The Official website of Magnewin Energy Private Limited is https://www.magnewin.com

  • What has been the recent revenue trend for Magnewin Energy Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Magnewin Energy Private Limited has risen by 78.42%.

  • How many employees does Magnewin Energy Private Limited currently have?

    As Per 2023 financial reports, 48 employees are currently employed by Magnewin Energy Private Limited.

  • What change has been observed in the net worth of Magnewin Energy Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Magnewin Energy Private Limited has experienced an upsurge of 20.50%.

  • What are the total open charges for Magnewin Energy Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Magnewin Energy Private Limited amount to ₹ 16.20 Cr.

  • When was the last Balance Sheet of Magnewin Energy Private Limited filed with the ROC?

    The most recent Balance Sheet for Magnewin Energy Private Limited was filed with the ROC on 31 Mar 2024.

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